The global CDN security market is anticipated to be worth US$ 42,887 million by 2032, up from US$ 7,110 million in 2022.
The global CDN security market is anticipated to be worth US$ 42,887 million by 2032, up from US$ 7,110 million in 2022. The market is estimated to increase at a CAGR of 19.7% during the forecast period, owing to:
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This growth is being driven by the increasing prevalence of connected devices and corporate mobility trends, as well as the need for enterprises to mitigate increased cyber-attacks such as DDoS. Another factor boosting the growth of the content delivery network (CDN) security market over the forecast period is the rise of mobile apps.
News, music, entertainment, and sports applications are used by two-thirds of the global smartphone audience. A CDN handles data delivery for various mobile applications. Customers are targeted by vendors based on the mobile applications they download. Because of the proliferation of mobile applications, OTT providers are looking for CDN security solutions.
The Asia Pacific CDN Security Market Will Exhibit Rapid Growth
Asia Pacific is expected to account for 39% of the CDN security market. In the APAC content delivery network (CDN) security business, China, Japan, and India hold the lion’s share of the market. The market in this region is expected to grow substantially.
China and India have among of the world’s fastest-growing economies in Asia Pacific. The key engine of this increase is the digitization of businesses such as healthcare, retail, and the BFSI industry. As a result of digitalization, SMEs in the region are the primary drivers of economic growth. In India, the SME sector has helped to build manufacturing capabilities, reduce regional imbalances, ensure income distribution, and generate 69% of the country’s jobs.
Although healthcare organisations operate in a variety of ways, all focus maximising patient care. Digital healthcare companies are increasingly hosting health records online. Clinicians collect information that necessitates the use of secure content delivery systems to ensure smooth operations, particularly during life-threatening emergencies.
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Market Vendor Digest and Competition Insights for CDN Security
With the rise of mobile engagement and the demand for better digital experience delivery, CDN providers are being forced to broaden their performance-enhancing techniques in order to address the challenges of dynamic content, mobile, and video, as well as serve as the first line of defence against security threats. Companies are investing heavily in establishing CDN security solutions in response to increased demand for cloud services, which is predicted to rise in the forecast year 2022-2032.
Because of the increased market rivalry, providers are using various growth strategies such as promotional activities and advertising spending to raise the exposure of their services. Certain suppliers are adopting inorganic expansion strategies such as mergers and acquisitions to remain competitive in the business.
CDN security industry actors make extensive use of technology launches, acquisitions, collaborations, and R&D initiatives. The CDN Security industry projection market in 2021 has been split by several companies. Among the top ten CDN security companies are Amazon Web Services, Arbor Networks, Cache Networks, CD Networks, Chinacache, Cloudflare, Distil Networks, Fastly, and Imperva Incapsula.
What Impact Will New Technologies Have On The CDN Security Market?
New technologies such as 4K and Ultra HD have been released, which has increased the popularity of online gaming but does not help with the pre-gaming experience because it slows down game downloads. As a result, the use of CDN security is expected to reduce negative feedback from gamers, as it addresses such issues by leveraging a global network of servers and content caching.
A gamer may continue to play a game even if the download size increases owing to high-quality graphics and other factors. Scalability is provided by CDN security to enable this capability. Furthermore, it is more likely to see an increase in demand due to the growing number of internet customers using smart devices as a result of the global digitization movement.
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Key Segments Profiled In The CDN Securitymarket Survey
By Application:
By End User:
By Industries:
By Region:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Feb 06, 2023
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